ExlService Holdings Inc. (NASDAQ:EXLS) shares traded up 2.7% during mid-day trading on Monday . The company traded as high as $49.67 and last traded at $49.60, with a volume of 169,890 shares. The stock had previously closed at $48.29.

A number of research analysts recently issued reports on the company. Citigroup Inc. lowered their target price on ExlService Holdings from $58.00 to $57.00 and set a “buy” rating on the stock in a report on Friday, July 29th. Cantor Fitzgerald set a $56.00 target price on ExlService Holdings and gave the stock a “buy” rating in a report on Thursday, July 28th. JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $54.00 target price on shares of ExlService Holdings in a report on Tuesday, July 19th. Zacks Investment Research raised ExlService Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, June 29th. Finally, Robert W. Baird reiterated a “buy” rating on shares of ExlService Holdings in a research report on Monday, May 16th. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $51.56.

The firm has a market capitalization of $1.65 billion and a PE ratio of 28.03. The company has a 50 day moving average price of $51.07 and a 200 day moving average price of $49.82.

ExlService Holdings (NASDAQ:EXLS) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.02. During the same period in the prior year, the company earned $0.48 earnings per share. The firm had revenue of $170.50 million for the quarter, compared to analyst estimates of $170.65 million. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. Equities research analysts predict that ExlService Holdings Inc. will post $2.32 earnings per share for the current fiscal year.

In related news, CFO Vishal Chhibbar sold 4,053 shares of the stock in a transaction that occurred on Friday, July 1st. The stock was sold at an average price of $52.36, for a total transaction of $212,215.08. Following the completion of the transaction, the chief financial officer now directly owns 3,970 shares of the company’s stock, valued at $207,869.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Villa Rembert De sold 5,000 shares of the stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $51.81, for a total value of $259,050.00. Following the transaction, the executive vice president now directly owns 2,258 shares of the company’s stock, valued at $116,986.98. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors recently modified their holdings of the stock. Bank of Montreal Can boosted its position in shares of ExlService Holdings by 166.9% in the fourth quarter. Bank of Montreal Can now owns 40,728 shares of the company’s stock valued at $1,831,000 after buying an additional 25,469 shares during the period. Russell Frank Co boosted its position in shares of ExlService Holdings by 342.0% in the fourth quarter. Russell Frank Co now owns 59,176 shares of the company’s stock valued at $2,698,000 after buying an additional 45,788 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of ExlService Holdings by 5.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,248,537 shares of the company’s stock valued at $56,097,000 after buying an additional 61,838 shares during the period.

ExlService Holdings, Inc is an operations management and analytics company. The Company operates through two segments: Operations Management and Analytics. The Company offers operations management solutions to the insurance, healthcare, banking and financial services, utilities, and travel, transportation and logistics industries.

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